$330,000
SOLD JAN 6, 2021

Sterling Reef Condominium 12011 Front Beach Rd Unit 1405B Panama City Beach, FL 32407

2 Beds
2 Baths
1,076 Sq Ft
$515/mo HOA Fee

Recently Sold

$307 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Furnished
  • J.R. Arnold High School Rated A-
  • Clubhouse
  • 3-minute walk to County Pier

About This Home

As of January 2021

Newly painted unit and only two bedroom available right now. Direct gulf front unit.Open floor plan, granite counter top, tile all through out. This is a great rental investment.

Last Agent to Sell the Property

Angela Stanley

Better Homes and Gardens Coast Properties License #3045794 Listed on: 11/18/2020

Better Homes and Gardens Coast Properties

Last Buyer's Agent

Fred Peak

Jim Free Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Clay Roof
  • Stucco

Interior Spaces

  • 1,076 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Room

Kitchen

  • Breakfast Bar
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Community Parking Structure

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), trash, water
  • High-Rise Condominium
  • Sterling Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,985

Year Built

Built in 2005

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Lot Size: 00
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sterling Reef
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1076.0
  • Dining Room Type: Bedroom, Dining Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Roof: Clay

Garage/Parking

  • Parking Features: Covered, Community Structure

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other, Phone Connected, See Remarks, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 515.0
  • Community Features: Barbecue, Clubhouse, Elevator, Fitness Center
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2985.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2024
Sold by
Le Vu T and Hoang Ha
Bought by
Le Vu T and Le Huyen

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 5, 2021
Sold by
Summit Ridge Investments Llc
Bought by
Le Vu T and Hoang Ha
Seller's Agent
Angela Stanley
Better Homes and Gardens Coast Properties
Buyer's Agent
Fred Peak
Jim Free Realty LLC
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$264,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
P L Holdings #1
Bought by
Summit Ridge Investment Llc

Purchase Details

Closed on
Apr 26, 2010
Sold by
Sterling Reef Owners Association Inc
Bought by
P I Holdings #1 Inc

Purchase Details

Closed on
May 5, 2009
Sold by
Whitt Joe Bob
Bought by
Sterling Reef Owners Association Inc

Purchase Details

Closed on
Apr 20, 2005
Sold by
Christian Charlotte C
Bought by
Whitt Jose Bob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Christian Charlotte C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $207,500 None Listed On Document
Warranty Deed $330,000 None Available
Warranty Deed $156,000 None Available
Special Warranty Deed $220,600 Attorney
Trustee Deed -- Attorney
Warranty Deed $575,000 Fatco
Condominium Deed $575,000 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $264,000 New Conventional
Previous Owner $575,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 For Sale $515,000 +56.1% $479 / Sq Ft
06/20/2022 06/20/22 Off Market $330,000 -- --
01/06/2021 01/06/21 Sold $330,000 -4.3% $307 / Sq Ft
11/18/2020 11/18/20 For Sale $345,000 -- $321 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,220 $390,316 -- --
2023 $5,220 $354,833 $0 $461,975
2022 $4,161 $322,575 $0 $0
2021 $3,648 $293,250 $0 $293,250
2020 $3,308 $276,250 $0 $276,250
2019 $2,985 $249,050 $0 $249,050
2018 $2,752 $222,717 $0 $0
2017 $2,312 $202,470 $0 $0
2016 $2,357 $201,607 $0 $0
2015 $2,311 $183,279 $0 $0
2014 $2,091 $166,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 704751

Central Panhandle Association of REALTORS®

APN: 34809-610-089